Brief: Continental Holdings says Master gold entered into loan agreement
13/05/2016 13:58
May 13 (Reuters) - Continental Holdings Ltd 0513.HK : * H-discloseable transaction in relation to provision of financial assistance to a joint venture company * Master gold entered into the loan agreement with the JV company for providing a loan of up to HK$37.0 million to the JV company * Provision of financial assistance is not expected to have any material effects on the group's results * Proceeds from loans to JV co will be used for payment of construction cost and repayment of bank loans * Will finance the loan under the loan agreement by banking facilities and its internal resources * Source text for Eikon ID:nHKSVJbd8 ((For more news, please click here 0513.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
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